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Housing Starts Increase In April

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Housing starts across the U.S. increased in April 2.2% to 1.4 million according the U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction report released May 17. Notably, this is 22.3% lower than April 2022’s 1.8 million. Single-family home construction increased 1.6% to its highest level so far in 2023. Starts of apartment buildings and other multifamily projects also rose: The April rate for units in buildings with five units or more was 542,000.

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Georgia-Pacific Begins Construction On $135 Million Georgia Mill

googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); American wood products firm Georgia-Pacific held an event last Monday to mark the commencement of construction on its new, $135 million softwood lumber plant in Warrenton, GA. Replacing an aging plant…

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